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About NEWEDC

NEWEDC Home Page Campbell County Converse County
Crook County Natrona County Niobrara County
Weston County Loans and Grants  
 

The North East Wyoming Economic Development Coalition (NEWEDC)  is a regional organization representing six of Wyoming’s 23 counties, Campbell, Crook, Natrona, Weston, Niobrara and Converse. The U.S. Economic Development Administration recognizes the NEWEDC as an unfunded designated district.  

NEWEDC is a 501(c)6 organization funded by the six county commissions. A sister foundation, Northeast Wyoming Economic Development Foundation (NEWEDF) is a 501(c)3 organization.  The Coalition is supported financially by the six county commissions on a per capita basis.

NEWEDC’s goals are to:

  1. Provide business assistance in the six county region.
  2. Assist communities within the six counties with economic development projects.

NEWEDC has a 19 member board of directors.  Eighteen of the board members are appointed by the six county commissions.  One board member is appointed by the eighteen board members. 

NEWEDC staff provides grant writing and administration to support economic development projects in our six county area.

 

On-Going Projects 

 

Revolving Loan Fund

One of the projects administered by NEWEDC is a revolving loan fund.  Through its Revolving Loan Fund (RLF) NEWEDC seeks to assist existing small businesses with expansion projects.  

Funds for the RLF have been provided by the United States Department of Agriculture - Rural Development.  The loans  will provide below market rates and competitive terms.  Maximum loan amount will be $10,000.

The funds from the RLF program can be used to finance projects such as marketing assistance, equipment purchases, technical assistance projects, supplies and inventory purchases, or security deposits for office space.

For more information about the RLF please contact NEWEDC.  *USDA Rural Development is an equal opportunity lender.

Mutual Self-Help Housing Project

NEWEDC has teamed up with the USDA Rural Housing Service to bring a Mutual Self-Help Housing program to the NEWEDC area.  

This program applies to families of very low-, low- and moderate-income levels and has easy qualification requirements.  For example, a family of four could make aproximately $40,050 and still be eligible for this program.  No down payment is required and payments do not begin until the construction of the home is complete.  Due to the nature of and interest in the program two target communities, Upton and Newcastle,  have been selected to participate in this program.  For more information please contact NEWEDC.   *NEWEDC provides Equal Housing Opportunities.

Workforce Development Training Grants

Created in the 1997 General Session of the Wyoming Legislature, the Workforce Development Training Grant has been successful in filling training gaps in high demand occupations throughout Wyoming.  

The WFD Training Grants have been used by new and existing Wyoming businesses to meet their individual training needs for newly hired or current employees.  The training fund has enabled these participating businesses to grow, reduce turnover, meet mandatory skill upgrades, and has helped communities attract and retain businesses, according to a news release from the director of the Department of Workforce Services Kathy Emmons, in November.

For more information and the most current qualifications for this grant please contact NEWEDC

This site sponsored by:

 Northeast Wyoming Economic Development Coalition
P.O. Box 3948 Gillette, WY 82717
307-686-2603
800-376-0848
307-686-7268 (fax)
Email: newedc@vcn.com

 

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